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Wednesday, May 1, 2024

Bangkok Post – Car production to see 3.17% increase

Car models are displayed at the Fast Auto Show Thailand & EV Expo 2023. (File photo)

Thailand’s car production is estimated to increase by 3.17% to 1.9 million units this year amid economic challenges, says the Federation of Thai Industries (FTI).

Last year, total car production reached 1.84 million units, lower than the target of 1.85 million, because of sluggish domestic sales and the impact of the global economic slowdown on car exports.

In 2024, car production for…

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